J. Landis Martin gives US$10 million to the Northwestern University
J. Landis Martin and his wife donated a further US$10 million to the Northwestern University in Illinois. Martin is a well-known philanthropist from Denver. He is also chairman of Platte River Equity and acts as chairman of the board for the Denver Art Museum. Platte River Equity is a private equity investment firm based in Denver, Colorado. The firm targets investments in small- to middle-market operating firms.
The Martins had earlier this year afforded to Northwestern University US$15 million for its athletics complex project. The Chicago-based university announced the receipt of the gift from the private equity firm chairman on July 23.
The latest gift is to be reserved for the use of Northwestern's School of Law. Northwestern explained that the funds would be utilized to aid execute innovative strategies for enhancing legal coaching and strengthening the student experience.
"We are deeply grateful for Lanny's longtime generosity, support and counsel. Lanny is an outstanding leader in law and industry, and his experiences exemplify the eclectic, entrepreneurial careers that our law school prepares our students to undertake," dean of Northwestern's law school, Daniel Rodriguez said. Lanny is Mr. Martin's nickname.
The Denver-based philanthropist acquired his undergraduate and law degrees from the university.